There are three lines on the fund chart, which represent the income of the fund, the average income of similar funds and the comparison with the Shanghai and Shenzhen 300 funds.
Fund net value line (income line): generally indicated by blue line, the percentage represents the income of the fund in a certain period of time. For example, the income of the fund in the past 1 year was 50%, which means that if you buy 1 ,000 yuan and hold 1 year, you will get 500 yuan income.
Similar mean line: generally represented by green line, which is to compare this fund with funds in the same industry. If it is at the industry average, it means that this fund is above the industry average.
Extended data
The difference between open-end fund and closed-end fund
1. The variability of fund size is different. Closed-end funds have a definite duration (China: not less than 5 years), during which the issued fund shares cannot be redeemed. Although this kind of fund can be raised under special circumstances, it must meet strict legal conditions. So in general, the size of the fund is fixed. However, the fund shares issued by open-end funds can be redeemed, and investors can also buy fund shares at will during the duration of the fund, which leads to the constant change of the total amount of funds every day.
2. Fund units buy and sell in different ways. When a closed-end fund is initiated, investors can subscribe to the fund management company or sales organization; When closed-end funds are listed and traded, investors can entrust brokers to buy and sell at market prices on the stock exchange. When investors invest in open-end funds, they can purchase or redeem them from fund management companies or sales organizations at any time.
3. The buying price and selling price of fund units are formed in different ways. Because closed-end funds are listed on the exchange, their buying and selling prices are greatly influenced by the relationship between market supply and demand. When the market supply is less than the demand, the buying and selling price of the fund unit may be higher than the net asset value of each fund unit, and then the fund assets owned by investors will increase; When the market supply exceeds demand, the fund price may be lower than the net asset value of each fund unit.